The nonsense from Big Business and Liberal Party, regarding the need for corporate tax cuts is under whelming. Tax cuts do not correspond to wage rises. Besides Big Business hardly, if at all pays tax anyway.

A real difference would naturally be reduce taxation on low income earners. More stimulation through spending would follow.

The nonsense from Big Business and Liberal Party, regarding the need for corporate tax cuts is under whelming. Tax cuts do not correspond to wage rises. Besides Big Business hardly, if at all pays tax anyway.

A real difference would naturally be reduce taxation on low income earners. More stimulation through spending would follow.

I do agree that the corporate tax rates should be comparable with the rest of the world, for those companies that could up sticks and walk. It's silly to think companies will pay 50% more for the hell of it - of course they won't. One way or another it's pointless to have high rates.

However, I also think they should be doing a hell of a lot more to create new SMEs and to make it easy for them to grow into exporting companies. There's a lot of red tape and silly fees and I think the best thing they could do is smooth the path and make building new companies, and thus employers, a pleasant thing to do.

I'd also be hitting the companies that basically cream off the profits from the low earners - in particular the real estate, power, and food prices. Tax incentives for landlords to put solar panels and batteries on rental properties, with the renters benefiting from the reduced fuel bills, would be an easy win.

The nonsense from Big Business and Liberal Party, regarding the need for corporate tax cuts is under whelming. Tax cuts do not correspond to wage rises. Besides Big Business hardly, if at all pays tax anyway.

A real difference would naturally be reduce taxation on low income earners. More stimulation through spending would follow.

You haven't looked deep enough again. The Australian public will put up with the result of being non competitive of a global scale. No corporates to give jobs to the many millions they employ.

A better target for you would be going after the extremely low tax havens around the world.

You haven't looked deep enough again. The Australian public will put up with the result of being non competitive of a global scale. No corporates to give jobs to the many millions they employ.

A better target for you would be going after the extremely low tax havens around the world.

I'm all for going after the tax shelters and bringing them to heel. In the meantime lowering corporate tax does nothing than reward, usually foreign share holders and further lowers the base for public spending.

Who makes up the difference, necessary to maintain a civil society? I'll tell you. The tax payers of the middle class salary earners, that's who. No one left to go after.

Besides giving jobs is not a helping out society welfare inducement by corporations. They employ simply because they have the economic requirement to do so to further own business profits. When that is not the case, the workers will be 'let go' quick smart.

Cutting taxes does not amount to more jobs. Just as increased profits does not amount to more jobs. The banks in Australia are an recent example of this.

Obviously lobbyists will lobby for their side, but the reality remains just that. Besides Australia is not particularly high taxed, and business will not remain if unable to make a profit, or at the very least secure government welfare to do so.

I'm all for going after the tax shelters and bringing them to heel. In the meantime lowering corporate tax does nothing than reward, usually foreign share holders and further lowers the base for public spending.

Get over it. Your resentment towards those that have more than you is disgusting.

Quote:

Originally Posted by the troubadour

Who makes up the difference, necessary to maintain a civil society? I'll tell you. The tax payers of the middle class salary earners, that's who. No one left to go after.

Besides giving jobs is not a helping out society welfare inducement by corporations. They employ simply because they have the economic requirement to do so to further own business profits. When that is not the case, the workers will be 'let go' quick smart.

Regardless of 50% or 2%, same applies.

If you don't want to be the slave to the economy or a business, start your own.

Quote:

Originally Posted by the troubadour

Cutting taxes does not amount to more jobs.Just as increased profits does not amount to more jobs. The banks in Australia are an recent example of this.

Obviously lobbyists will lobby for their side, but the reality remains just that. Besides Australia is not particularly high taxed, and business will not remain if unable to make a profit, or at the very least secure government welfare to do so.

There's 2 ways shareholder can make money, cut shit or grow it. Cutting is finite. Growing is infinite. Think we've been there before.

I've said it before and I'll say I again - Australia does not have a revenue problem, it has a spending problem

If expenditure is cut - welfare, passengers (sorry, civil servants), waste, duplication etc - then the deficit can be clawed back. Then taxes (corporate and personal) can be cut. If GST is increased (consumption tax is one the best forms of tax), income and company tax can be cut further. Cutting taxes will encourage expenditure and investment in the economy. Australia would punch to the next level and happy days would be ahead

__________________
Australia/UK - Same sh*t, different bucket
The Wallaby, still the bitch of the Springbok.

I've said it before and I'll say I again - Australia does not have a revenue problem, it has a spending problem

If expenditure is cut - welfare, passengers (sorry, civil servants), waste, duplication etc - then the deficit can be clawed back. Then taxes (corporate and personal) can be cut. If GST is increased (consumption tax is one the best forms of tax), income and company tax can be cut further. Cutting taxes will encourage expenditure and investment in the economy. Australia would punch to the next level and happy days would be ahead

Lets get back to reality. If those one in five corporations that have paid no income in five years in Australia, paid their fare share. If Qantas paid some tax on the profits it is making, instead of a massive bonus payout to CEO while their workers have had under 3 per cent pay rises over several years. If Energy Australia with their 1.7 million customers earning something in the region of $24 billion of which no tax was paid......Australia might just be able to maintain a welfare state fit for a western democracy.

Waste and duplication are the tired old throw away lines wheeled out every time the talk of cuts is aired. They've been cutting back for decades. The cost of consultants is where the 'false' savings have gone....

Any corporate tax cuts, which are totally un necessary, will have to be replaced from other sources to function. That means middle class tax rises or borrowing of money from abroad ......

Get over it. Your resentment towards those that have more than you is disgusting.

Regardless of 50% or 2%, same applies.

If you don't want to be the slave to the economy or a business, start your own.

There's 2 ways shareholder can make money, cut shit or grow it. Cutting is finite. Growing is infinite. Think we've been there before.

You can't cut shit forever to grow a profit.

What is disgusting is your ever unwavering lobbying for corporate Australia, who are doing more than fine, without your loud hailer broadcasts for something not needed.

So your 'world' is if don't want to be a serf, start your own business? How odd. But your right, my resentment against the world, people with little overall understanding constantly preach,as near sermon fashion is hard to swallow. At least for those that would have hoped for a better world where all would benefit, not the few......

Cutting corporate tax is not needed nor will it do much for the economy. Likely reign in spending even more.

How about balancing the economy, with getting the corporations to pay their dues, more help for small business, tax cuts for lowest paid.

What is disgusting is your ever unwavering lobbying for corporate Australia, who are doing more than fine, without your loud hailer broadcasts for something not needed.

So your 'world' is if don't want to be a serf, start your own business? How odd. But your right, my resentment against the world, people with little overall understanding constantly preach,as near sermon fashion is hard to swallow. At least for those that would have hoped for a better world where all would benefit, not the few......

Cutting corporate tax is not needed nor will it do much for the economy. Likely reign in spending even more.

How about balancing the economy, with getting the corporations to pay their dues, more help for small business, tax cuts for lowest paid.

But it really depends what type of business we're talking about. One problem in Australia is that wages are too high + a high corporate tax. If I'm a business, why should I set up in Australia if I can get the same reliable support and work done elsewhere. For example in Europe, wages would be half of what people in Australia get.

But it really depends what type of business we're talking about. One problem in Australia is that wages are too high + a high corporate tax. If I'm a business, why should I set up in Australia if I can get the same reliable support and work done elsewhere. For example in Europe, wages would be half of what people in Australia get.

Plenty of corporates make do handsomely in Australia. Wages are high, but there are plenty of generous tax concessions, depreciation provisions and ability to offset company losses against past and future profits. Corporates do rather well, so best to disregard the lobbyists and hangers on. Obviously wages form a part of the process, but only part. Australia offers a safe, western environment with all that entails. From education to medical. It is politically democratic with laws generally obeyed. No wages are not half what people get in Europe. UK may be low paying in many sectors, but a lot of Europe certainly is not.

Plenty of corporates make do handsomely in Australia. Wages are high, but there are plenty of generous tax concessions, depreciation provisions and ability to offset company losses against past and future profits. Corporates do rather well, so best to disregard the lobbyists and hangers on. Obviously wages form a part of the process, but only part. Australia offers a safe, western environment with all that entails. From education to medical. It is politically democratic with laws generally obeyed. No wages are not half what people get in Europe. UK may be low paying in many sectors, but a lot of Europe certainly is not.

UK had a minimum wage long before Germany and even now wages in Germany are a lot lower than people think. Even when it comes to energy costs, Australia is far too expensive. No doubt, that there are other benefits in Australia, but wages can no longer increase if you want to be competitive.

What is disgusting is your ever unwavering lobbying for corporate Australia, who are doing more than fine, without your loud hailer broadcasts for something not needed.

So your 'world' is if don't want to be a serf, start your own business? How odd. But your right, my resentment against the world, people with little overall understanding constantly preach,as near sermon fashion is hard to swallow. At least for those that would have hoped for a better world where all would benefit, not the few......

Cutting corporate tax is not needed nor will it do much for the economy. Likely reign in spending even more.

How about balancing the economy, with getting the corporations to pay their dues, more help for small business, tax cuts for lowest paid.

I am sorry to hear your shallow, narrow view on things is at odds to Zulu, Garry and mine. Maybe re-read what has been explained to you by multiple sources.

UK had a minimum wage long before Germany and even now wages in Germany are a lot lower than people think. Even when it comes to energy costs, Australia is far too expensive. No doubt, that there are other benefits in Australia, but wages can no longer increase if you want to be competitive.

I thought it was Australia we were referring to? Agreed power prices are at ridiculous levels in Australia and will not be popular at any level in society with justification.

Not sure what you are attempting to infer. German pay scales have been well above UK rates, regardless of when minimum pay rates came into play. Most Germans earn at the top of the scale with regards to EU rates. But besides that the welfare system in Germany leaves the British model well behind in support. (I am fully aware of the 1 Euro jobs) but less generous in aspects than in decades past as Conservatives chip away at fragments of it.

I am sorry to hear your shallow, narrow view on things is at odds to Zulu, Garry and mine. Maybe re-read what has been explained to you by multiple sources.

Resentment is not an argument unfortunately for you.

Just unafraid not to be one of the flock of sheep that is spoon fed by faux media. It doesn't take much nonce to come to the understanding that tax cuts are not good for society as a whole as the money will needed to be found elsewhere.
Your enjoyment at advocating the decline of Australian society at every turn is where anything unfortunate is to be found.
A simple study of economic history would divulge a world unbeknown to you.

Lets get back to reality. If those one in five corporations that have paid no income in five years in Australia, paid their fare share. If Qantas paid some tax on the profits it is making, instead of a massive bonus payout to CEO while their workers have had under 3 per cent pay rises over several years. If Energy Australia with their 1.7 million customers earning something in the region of $24 billion of which no tax was paid......Australia might just be able to maintain a welfare state fit for a western democracy.

Waste and duplication are the tired old throw away lines wheeled out every time the talk of cuts is aired. They've been cutting back for decades. The cost of consultants is where the 'false' savings have gone....

Any corporate tax cuts, which are totally un necessary, will have to be replaced from other sources to function. That means middle class tax rises or borrowing of money from abroad ......

Only an asshole (or socialist - same thing really) pays more tax than they are legally obliged to. So, if a corporation is paying no tax - and is doing so within the law - then they are doing the right thing by their owners (shareholders). If the government and people want a company to stop using the law to minimise their tax, then they should change the law. Same applies to personal tax

Simple

__________________
Australia/UK - Same sh*t, different bucket
The Wallaby, still the bitch of the Springbok.